This sure is a lot of "thread" for commenting on the OP by an actor who was only on this forum for exactly one hour, not to be heard from again. Hell, Nikki the Bitch had a longer tenure till theymos took her down and extended my vacation.

This sure is a lot of "thread" for commenting on the OP by an actor who was only on this forum for exactly one hour, not to be heard from again. Hell, Nikki the Bitch had a longer tenure tell theymos took her down and extended my vacation.

~Bruno~

I think they did the forum a favor. I'm no longer restricted to Newbies but it's the only place I have posted. Some of the topics are way over my head, but this one is a fine bit of nonsense that anybody can participate in.. Great ice-breaker...

I am an IT specialist at a medium sized european insurance company. … So, we destroy every coin we mine. It's amazing how much effort it takes PC's to create a bitcoin yet how easily they can be destroyed. It litterally takes us no more than a minute every week. Delete the wallet.dat and create a fresh one and another 5 coins or so are gone forever

Wait, so you're an IT specialist and you don't use cron for this?

I am available for hire. (https://bitcointalk.org/index.php?topic=93064.0)PGP: 4BE75914

I am an IT specialist at a medium sized european insurance company. … So, we destroy every coin we mine. It's amazing how much effort it takes PC's to create a bitcoin yet how easily they can be destroyed. It litterally takes us no more than a minute every week. Delete the wallet.dat and create a fresh one and another 5 coins or so are gone forever

Wait, so you're an IT specialist and you don't use cron for this?

Surely, you're not expecting an answer from him, for like I said, he was only on this forum for an hour.

I am an IT specialist at a medium sized european insurance company. … So, we destroy every coin we mine. It's amazing how much effort it takes PC's to create a bitcoin yet how easily they can be destroyed. It litterally takes us no more than a minute every week. Delete the wallet.dat and create a fresh one and another 5 coins or so are gone forever

Wait, so you're an IT specialist and you don't use cron for this?

Surely, you're not expecting an answer from him, for like I said, he was only on this forum for an hour.

~Bruno~

Not really, but this thread is pretty funny.

I am available for hire. (https://bitcointalk.org/index.php?topic=93064.0)PGP: 4BE75914

Ok. Have 10 people and 10 pies. We give everyone a pie. Now 8 pies get lost. Some get eaten, one pie was encrypted and the key got lost, another one's fridge was hacked and his pie deleted, a pie was dropped on the floor, etc etc.

We divide every remaining pie into 10 pieces. One guy didn't lose his pie, he gets to keep all 10 pieces. The other 10 pieces are divided evenly over the other 9 people and piece gets destroyed by me, just cos I can. And pie makes me fat.We have 10 times as many "items of pie". We performed a digit shift on the pie basically... Yet now one guy has half of all items of pie available, while he only had 1/10 earlier.

Here's where your comparison fails: in reality, with one guy deliberately destroying his pie, 9 pieces remain, rather than 2. You see, 8 pieces out of 10 don't just get lost, like you seem to assume. You are destroying your pie, the other 9 people aren't.

So each remaining unit of pie is now worth 10/9 as much as before. At the expense of the one guy that thought it would be smart to destroy his pie (i.e. you). Wealth is still distributed equally amongst everybody else.

By destroying bitcoins, you basically give away money to others (in your situation: you're giving your employer's money to the power company) and you change exactly nothing for the rest of the world

Wait, is this a notion on Bitcoin in 2012, or on The Internet in 1992?

Quote

- It is a pyramid scheme and the only ones benefiting are the early adoptors and they will laugh at you when they cash and pull out

Early adopters benefit: sure. That's their reward for stepping in early even when Bitcoin was still insignificant.Cash and pull out: ah, I see. How, exactly? If I have a million BTC, currently worth about 6.5 million US $, there's no practical way to actually get that $6.5M.

Quote

- It's a botnet-hack waiting to happen

You mean infiltrating people's computers to steal their wallets, or to abuse their processing power to mine coins?

Quote

- Instances like MtGox deciding to perform rollbacks show that the principle ideal was already raped

What rollbacks are you referring to, exactly? And how does that show that the Bitcoin concept itself is 'already raped'?

You think Bitcoin is a silly idea. Therefore you participate in it and actively destroy bitcoinshelp the Bitcoin community.. Is that supposed to be any less silly, somehow?

It's not silly at all. Far from it. As has been pointed out, his mining efforts efforts are providing additional security for the Bitcoin network, and by destroying the coins he is both declining to accept the reward normally offered to those who provide this important service and increasing the value of everyone else's coins. I normally wouldn't reply to a thread such as this, but I just feel obliged to thank Coins are Gone for his selfless generosity. Well, I guess it's not selfless since he's stealing from the company to do it, but that doesn't mean he's not a hero. Like Robin Hood in a way.

Well, there's always finding keys of lost addresses, posting the address and NOT the key and asking if it's still used. If not used, it goes to the one who found it. If used, inform the person to move them to a different address to prevent theft.

Then lost Bitcoins could actually come back. Of course, only addresses not used after a year would be able to be posted. Otherwise it would just post over and over. Could sort alphabetically or have a search feature.

That is like saying I am trying to ruin the USD because I throw pennies away.

You, my friend, are an idiot. You are wasting the resources of your "mid-level insurance company" with a TINY amount of hash power. You will lose your job once your superior figures out you are frying the company hardware for literally, fractions of pennies.

You do realize, there are single GPUs that get more then 700 Mhash, right?

The quality of posts has dropped to such a low level that all users who are participating in a paid signature campaign are added to my ignore list. If you'd like a copy of the list to improve your browsing experience, you can find it here: https://bitcointalk.org/index.php?topic=973843.0 (Updated 2016-1-4)